What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.
It probably make you upset when you see that your fund was almost gone because of ethereum fee. Imagine, how could we bear that fee when it is really high? We cant even done a single transaction without paying it high even the transaction is too slow. This is the reason why I bought ripple to withdraw my funds in an exchange. I can`t really bear the fee of ethereum gas specially when the market is at bull season and the network is congested. |
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The increase in price is a factor that affect the number of bitcoin transaction. The higher the number of transaction, the denser the network will be so that the transaction costs will be higher. So in my opinion, it is not the price increase that causes high transaction cost but the network congestion.
I can't be sure how much it will cost in future Bitcoin transaction because it's very difficult. Miners will face hard time as some of them will have to stop activities that are no longer profitable. But I believe the transaction fee will not exceed the reasonable limit.
I think it is complementary when the network has congestion, the price will increase as well. The price will increase because there are people who will pay for high tx just to have confirmations to the transaction. And since the network is congested, people who are in rush will obliged to pay for the high tx. The mining difficulty will also be a factor to consider when the price goes up. As we can see, when the supply was halved the price of bitcoin moves up as well. In the future when the supply will be mined, miners will dictate the tx fee and for sure it will goes up. |
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They are good as of the moment specially there is still the trend of defi. It pull out all projects from dying to become gem again. As of now, I invested in chainlink and tezos. Both are good in terms of development and partnerships. Chainlink had its 100 percent move but it drops when bitcoin declined. The market is still at the bullish momentum and it may fly when 2021 hits specifically when vaccines will be released to the public. I hope that my defi coins will also goes high in the next year.
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It is always been the work of bounty cheater. I already encountered it several times when my entry in google spreadsheet had doubled submission. It is the importance of having the so called "Proof of Authentication". With this act by other managers, cheating in bounty can never be done. I hope that there will become stronger policies or ways to prevent cheating in bounties because the real bounty hunter is deceived by the fake one. Giving redtrust i think is not bad idea, but many bounty cheaters is Newbie rank/ they use new account.
If their account get redtrust, they can create more new account again and again. So, i think this only wasting time.
The only way is just tell to bounty managers to reject bounty cheater s and make limit in their bounty.
really, giving them the red flag is just a waste of our time... bounty cheaters will not run out of wits when the red flag is on their account, they will definitely create a new account. I have asked several bounty managers not to accept newbies in any campaign including social media, articles, and telegrams so that cheaters don't have the opportunity to be greedy in a campaign. Giving red trust to them is good idea but it sucks. They eventually gather new accounts to spam and cheat the bounties again. |
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If you have any ideas which other apps I should add please let me know.
And share your experience with them as well.
At my first glance, all apps which belong on the lists are all legit since Coinbase is included. But better to check them one by one of course. To be honest, I haven't try any of them so far but I've already experienced such schemes before so I hope I can share something with you  . The first three apps just offer cashbacks wherein you will use their app instead of going to the actual online store. I may say that Yes! you can earn due to savings but the total amount of money you can earn still depends on how large or how frequent you buy online. Thus you will find a hard time on accumulating them. Actually, until now I am not benefited by my savings because they're few (I already forget the site as well lol). Furthermore, I've also tried answering surveys and doing different tasks for exchange of crypto before but all of them are not paying me so until now I have trust issues regarding this stuff  . I never played any making money apps or even installed them in my mobile phone because I have seen many scam app that will not paid the clients. In fact, it is more scary to install it because I don`t know if it legit or not. Well, thanks OP for sharing this stuff. Let me see if I am gonna install this time. I know that there are still legit making money app and I just want it to try aside from captcha and surveys that I joined. |
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120,000 BTC is such a huge amount of money and it would take so many years before you earned that kind of the amount but that would be easy for every hacker to gain that money, they are so intelligent and so many knowledge about technology, that is why they can hack even large company. For sure that money is already distributed for every wallet of the hackers involved in it. I wonder why authorities can't still catch those criminals, well, in fact, most of the articles that I have read, they had caught the criminals who execute such activities.
Hacking is the most easiest way to earn money in online but the dirtiest job for me. Imagine, this 120K btc hacked in bitfinex had users also who trade and hope to become a millionaire soon. But the hope was cut when there was a hacking event that may took their money from the exchange. They are so intelligent to the fact the even the hardest system, they can intercept it. But for me, its useless when their life was being in harm. I hope someday this hacking event will be gone so that many users will feel safe when their funds are on exchange. |
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In any forms of transaction or trading, there is always a risk. We have to remind that earning of money in passive income is not easy. We can lose or we can win depending upon on how we deal in risk. Uniswap is a good exchange which a lot of liquidity. However, I think it is not well regulated because there are many coins existed that pump and dump much. Now, it is upon the people who can use the market volatility. We can try to invest and risk our funds or just save it. But if you don`t risk you wouldn`t know how you will win.
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It has been a long time since the world faced a dangerous pandemic like this. I can't expect everything will be the same as before, especially when this virus has stolen more than 1 million lives. The lockdown is obligatory to save as many lives as we can. I know that the results will make many people lose their job. But as long as we still here, we can build anything with our own hand.
Debt is really a bad thing. It is hard to maintain our living conditions during this circumstance without having a huge debt. Just try as best as you can and I believe you will have what you deserve.
Many countries are underestimated the Corona Virus just like as Italy and USA. They thought that it just as simple as before when influenza pandemic happened. Because they underestimate, the medical system were collapsed and economy declined as well. I think the main reason why every countries were collapsed the economy and fall into debt is unpreparedness of the pandemic. Maybe, this is just an instrument for every country to have preparation when there is catastrophe event. So that we could be fall in debt. However, government has always corrupted officials and they are the ones who push the economy to fall in debt. |
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In my personal point of view, this pandemic has an effect in the current market of bitcoin and other trading such as stocks or forex. It affects the market by means of devaluating the fiat or gold. We all know that the price of bitcoin is still affected by the price of dollars or gold. Another is that, it seems like the crypto trader goes slow down in investing or buying crypto market coins due to the threat of pandemic. They will probably serve their money as savings than to use it to buy cryptocurrency right now.
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Wish to get luck for this time. Reapplying! I will change my signature once accepted. |
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now the interest in the industry of DeFi projects is very high so I am sure that Uniswap will continue to be popular and along with it there will be demand for the UNI token however, I still classify this token as a very risky investment this is due to the fact that the price for it strongly depends on the situation in the DeFi sector of the crypto market I imagined when it moved up when it was listed in binance. It took 8X than its past market price when it surged. Uniswap is the best defi project to me because they cared about their clients and traders. Imagine, they gave up 400 UNI as an airdrop for those who registered and trade before or during September 1. Well, I just made a few bucks in uniswap because I bought only few. I want to invest in uni again when it declines so that, I can make more profits when it goes to top coins in cmc. |
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Of course yes!
The simple analogy of trading is that, rich becomes richer and small traders is hard to become richer. Why? Almost impossible to take profits, 1000x. If you got it then you are luck. In trading, 10% profits can be the max profit of a trader. Therefore, if you have 10K usd then you can earn up to 1K usd per trade. Specially if you can buy and sell smoothly. However if you only have 100 bucks then you may earn only upto 10 bucks per trade. Its quite unfortunate for small traders, but this is the reality of trading.
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I heard this one and tried to join their AMA days ago. It is all about lending by the ease of blockchain technology. Sounds promising but I never expect it to much. A lot of promising defi projects that are now existing. They keep on talking about how they will transform into a new decentralized finance which is trendy right now in market. However, when I talked and asked the CEO of unilend during AMA, it seems like he really knows what their goal is. Well, let us see where Unilend will go on. |
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